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Old 02-26-2021, 11:49am   #21
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If you buy it, I will give you $100 for that blue granite lion
That sucker would be tough to move
There's also a lion on top of the fireplace mantle in the West wing.
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Old 02-26-2021, 12:19pm   #22
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Paid 1135000 in 2014. Current value is greater than 2. Means nothing though as I don't plan on selling anytime soon. The low interest rate on the refi is nice though. Knocked seven years off and still lowered the nut down to 4100.
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Old 02-26-2021, 2:41pm   #23
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I don't plan on selling
Me either. My next home is going to be Union. Thatís a cemetery here in MN.
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Old 03-01-2021, 4:18pm   #24
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Pffft.

Pass. No 32' ceilings.
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Old 03-01-2021, 7:30pm   #25
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The kid just bought his first house the other day. The market is so crazy that he not only made a full price offer, but at the encouragement of his agent the offer also included an escalation clause: basically if the sellers received another offer he would automatically beat it by $1000 up to a max of $10000 over asking. Turns out there was a competing offer, and that offer included a similar escalation clause, only theirs was $500 over and capped at $9000 over asking. So he beat them out by $1000.

It's almost like buying a house on eBay.
Serious question:

It seems very convenient that another escalation-clause-offer came in so it tops off to just below what the final buyer's escalation clause tops off to.

How does one do a deal like that where you can be certain that the seller's agent didn't pay a homeless guy to submit the $500/9000 escalation offer in order to squeeze the extra $10k out of the deal?
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Old 03-01-2021, 7:34pm   #26
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Serious question:

It seems very convenient that another escalation-clause-offer came in so it tops off to just below what the final buyer's escalation clause tops off to.

How does one do a deal like that where you can be certain that the seller's agent didn't pay a homeless guy to submit the $500/9000 escalation offer in order to squeeze the extra $10k out of the deal?
We got a copy of the other offer and it looked legit to me.
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Old 03-01-2021, 8:47pm   #27
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Quote:
Originally Posted by the new me View Post
Serious question:

It seems very convenient that another escalation-clause-offer came in so it tops off to just below what the final buyer's escalation clause tops off to.

How does one do a deal like that where you can be certain that the seller's agent didn't pay a homeless guy to submit the $500/9000 escalation offer in order to squeeze the extra $10k out of the deal?
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We got a copy of the other offer and it looked legit to me.
If you're going to include an escalation clause, which includes your top dollar, include a Proof of Funds letter that shows you're approved for that dollar amount, or provide a copy of your bank statement that shows you have the cash to support your offer.
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Old 03-01-2021, 8:48pm   #28
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Serious question:



It seems very convenient that another escalation-clause-offer came in so it tops off to just below what the final buyer's escalation clause tops off to.



How does one do a deal like that where you can be certain that the seller's agent didn't pay a homeless guy to submit the $500/9000 escalation offer in order to squeeze the extra $10k out of the deal?


Because 3% of 10,000 is the realtors cut and that ainít very much when it comes to risking losing your license not to mention what it would cost to have another realtor in on the scam.
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Old 03-01-2021, 9:18pm   #29
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If you're going to include an escalation clause, which includes your top dollar, include a Proof of Funds letter that shows you're approved for that dollar amount, or provide a copy of your bank statement that shows you have the cash to support your offer.
You think a first-time homebuyer is going to be paying cash?
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Old 03-01-2021, 9:29pm   #30
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You think a first-time homebuyer is going to be paying cash?
Not all of them, no.
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Old 03-01-2021, 10:40pm   #31
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Since the .gov is attempting to keep things going, and lowering interest rates on worthless currency down to ~2% or so......and so housing prices are taking off anywhere but big cities, as the population shifts south/outta there....

and us folks in Floriduh/similar locations are getting really high prices now....the issue IS.....

WTF happens in the near/far future.......

I moved south here to Floriduh on account of uncle arthurRONGus..... some 23 years ago......watched my 72k house go to 150k then back down to about 70k, and now it's at 240k...or so......WTF????

watt yawl's readings look like???


should we call 911? are you having a stroke?
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Old 03-02-2021, 6:54am   #32
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should we call 911? are you having a stroke?
You must be new here.
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Old 03-02-2021, 10:37am   #33
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You must be new here.
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